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HEAVILY AWARDED

PROOF OF STAKE REWARD

Mission Statement:
To build a truly decentralized grid platform that
caters to the privacy of its users.
The Problem:
A growing need for computing power without the
crutch of centralization and the breach of
users' privacy.
Issues defined:
1) Computing power is the basis for all modern
human activity.
2) Computational ability is reaching a ceiling.
3) Access to powerful computers has always been
under the purview of governments or the
richest of technology companies.
4) The centralized cloud computing market is
dominated by a select few entities.
5) None of the current distributed computing
platforms are addressing user privacy effectively.
The solution:
A full-scale transition to distributed systems that
cater to privacy has finally become a viable option;

Colossusˣᵗ (ticker: COLX) is a community-
orientated, energy efficient coin with a
strong focus on decentralization, privacy,
and real-world implementation.
It utilizes an energy efficient Proof of Stake
3.0 protocol and a second-tier Masternode
network for inclusive community-based governance
along with a blockchain based self-funding treasury
system ensuring its sustainability.
In order to reach this level of usability,
COLX is continually evolving.
The goal of COLX is to be an advanced digital
currency that is fast, secure, decentralized,
private, and connects all of its users for a
greater purpose as part of the Colossus Grid.
Colossus Grid is an ambitious project that aims
to reward individuals for voluntary grid
contributions. With this, Colossusˣᵗ seeks to
compete in the global market for distributed
computing power and decentralized storage all
while riding on the backbone of a world class
privacy blockchain.

Mission Statement: To build a truly decentralized grid platform that caters to the privacy of its users.

The Problem: A growing need for computing power without the crutch of centralization and the breach of users' privacy.

Issues defined: 1) Computing power is the basis for all modern human activity 2) Computational ability is reaching a ceiling 3) Access to powerful computers has always been under the purview of governments or the richest of technology companies 4) The centralized cloud computing market is dominated by a select few entities 5) None of the current distributed computing platforms are addressing user privacy effectively

The solution: A full-scale transition to distributed systems that cater to privacy has finally become a viable option;

ColossusXT is an open source, community driven, environmentally conscious cryptocurrency and an alternative to bitcoin that features better anonymity. It allows people to store and invest their wealth in a non-government controlled currency and make almost instantaneous and completely anonymous transfers with close to zero fees. Colossuscoin was founded as an long-standing, energy-efficient and environmentally friendly digital cryptocurrency and this concept is being continued.

A privacy-centric, energy-efficient, decentralized, open-source, peer-to-peer (P2P) digital currency with instant and anonymous transactions. A two tier network based on the popular Bitcoin core software, utilises Masternodes and Proof of Stake 3.0 protocol for securing its network which gives it unmatched stability and easy accessibility.

Instant Transactions

Secure Transactions

Public-key cryptography is employed, a process in which a pair of a public and a private cryptographic keys are generated. The core network is maintained by coin holders, and the Proof of Stake distributed consensus mechanism reduces the risk of 51% attacks.